On June $30,2017,$ Splish Corp. issued $10\%$ bonds with a face value of $$740,000$ due in $20$ years. They were issued at $99$ and were callable at $103$ at any date after June $30,2025.$ Because of lower interest rates and a significant change in the company's credit rating, it was decided to call the entire issuance on June $30,2026,$ after interest has been paid and to issue new bonds. New $8\%$ bonds with a face value of $$1,000,000$ were sold at $102$ ; they mature in $20$ years. Splish Corp. uses straight$-$line amortization. Interest payment dates are December $31$ and June $30.$

$($a$)$ Prepare journal entries to record the retirement of the old issuance and the sale of the new issuance on June $30,2026.$

$($b$)$ Prepare the entry required on December $31,2026,$ to record the payment of the first $6$ months' interest and the amortization of premium on the bonds.

$($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries.$)$